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Clean energy investment just hit a record high. .8 trillion in 2023. That's 17% more than the year before.
Solar is the big winner. It pulled in more money than oil production for the first time ever. Think about that. The sun beat Big Oil.
China is driving this. They spent more on clean energy than the entire rest of the world combined. The U.S. and Europe are playing catch-up.
What's pushing this? Falling costs. Solar panels are dirt cheap now. Battery prices dropped 14% last year alone.
Government policies help too. The Inflation Reduction Act in the U.S. Europe's Green Deal. They're creating a gold rush for green tech.
But here's the catch. Investment is still too slow to hit climate goals. We need to triple spending by 2030. Right now, we're not even close.
The money is flowing. Just not fast enough.
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